Money Grows On Trees

AUSTRALIA'S PROPERTY MARKET


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In this episode, we discuss the current real estate market and our thoughts, feelings and predictions!

Domain Senior Research Analyst Dr Nicola Powell said the average house price in Australia is now just under $900,000 with units at just under $585,000.


Australia's house prices have seen the steepest increase in almost 18 years — with Sydney and Canberra recording the fastest quarterly increases in nearly three decades.

Melbourne's house and unit prices have reached a new record high, with the median house price likely to pass $1m in the next quarter.

The current real estate climate is unlike anything we have ever seen before!

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Money Grows On TreesBy Damian Medici